Saw this in the news/blog section of Life Settlement Info, and thought this good news needed to be posted here as well.
Life Partners Holdings, Inc. to Begin Trading on NASDAQ Global Select Market
Read article: Life Partners to begin trading on NASDAQ Global
Life Partners, which began publicly trading on the OTC Market in 2000, is the [...]
Underwriting firm leader calls for more transparency from life expectancy underwriters
This is good news for the Life Settlement Industry, and a good call to action from Mr. Fasano. The recent changes in mortality and life expectancy reports put a strain on the industry. Not just for current policies that offered on but on previously purchased [...]
Today we learned that 21st Services, a major will implement changes in its mortality tables relative to its life expectancy determinations beginning September 16, 2008. A Life Expectancy also known as an LE is huge factor in pricing models for life settlement cases.
21st announced yesterday, at their Annual Investor Subcommittee conference, that they will be [...]
Amendments to Ohio’s Viatical Settlement Act will limit stranger-originated life insurance transactions and give the state’s insurance department additional oversight authority. New legislation requires brokers and providers to give more information to insurers and to report STOLI transactions to the state’s insurance department.
State Insurance Director Mary Jo Hudson said state legislators “recognize a shared responsibility [...]
Strickland signs life insurance settlement bill.
A measure that tightens state law governing the method of buying life insurance policies from consumers will take effect in September after garnering Gov. Ted Strickland’s signature Wednesday.
Strickland’s OK was the final hurdle for H.B. 404, which amends the Ohio Viatical Settlement Act and is aimed at improving protections for [...]
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